Murphy Oil (NYSE:MUR) Stock Price Up 4.4% – Here’s Why

16 Oct 2026, 18:54 by Mitch Edgeman · The Markets Daily

Murphy Oil Corporation (NYSE:MUR – Get Free Report)’s share price was up 4.4% during trading on Friday. The company traded as high as $41.49 and last traded at $41.6060. Approximately 567,447 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 2,089,950 shares. The stock had previously closed at $39.85.

Analyst Upgrades and Downgrades

MUR has been the subject of several research reports. Mizuho lifted their price target on shares of Murphy Oil from $41.00 to $44.00 and gave the company a “neutral” rating in a research report on Wednesday. Weiss Ratings upgraded shares of Murphy Oil from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, October 6th. KeyCorp upped their price objective on shares of Murphy Oil from $43.00 to $47.00 and gave the stock an “overweight” rating in a report on Tuesday, September 15th. Scotiabank assumed coverage on shares of Murphy Oil in a research note on Wednesday. They issued a “sector perform” rating and a $41.00 price objective on the stock. Finally, Seaport Research Partners began coverage on shares of Murphy Oil in a research note on Thursday, September 3rd. They issued a “neutral” rating on the stock. Four research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $39.27.

Check Out Our Latest Stock Analysis on Murphy Oil

Murphy Oil Stock Up 4.7%

The company has a current ratio of 0.85, a quick ratio of 0.80 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $5.99 billion, a PE ratio of 20.72 and a beta of 0.59. The stock’s fifty day simple moving average is $37.01 and its 200-day simple moving average is $37.35.

Murphy Oil (NYSE:MUR – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The oil and gas producer reported $1.55 earnings per share for the quarter, missing the consensus estimate of $1.57 by ($0.02). Murphy Oil had a return on equity of 6.63% and a net margin of 9.74%. The firm had revenue of $926.33 million for the quarter, compared to analysts’ expectations of $888.51 million. During the same quarter last year, the firm posted $0.27 earnings per share. The firm’s revenue for the quarter was up 33.5% compared to the same quarter last year. As a group, sell-side analysts forecast that Murphy Oil Corporation will post 2.64 EPS for the current fiscal year.

Murphy Oil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Monday, November 16th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Monday, November 16th. Murphy Oil’s payout ratio is presently 69.31%.

Institutional Trading of Murphy Oil

Hedge funds have recently added to or reduced their stakes in the stock. Leonteq Securities AG bought a new position in shares of Murphy Oil during the 1st quarter valued at approximately $29,000. Valued Wealth Advisors LLC lifted its stake in Murphy Oil by 14,700.0% in the first quarter. Valued Wealth Advisors LLC now owns 740 shares of the oil and gas producer’s stock valued at $31,000 after purchasing an additional 735 shares during the last quarter. Mather Group LLC. purchased a new stake in Murphy Oil in the third quarter worth $51,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Murphy Oil during the 2nd quarter valued at $54,000. Finally, Farther Finance Advisors LLC increased its holdings in Murphy Oil by 64.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,779 shares of the oil and gas producer’s stock worth $66,000 after acquiring an additional 699 shares during the last quarter. Institutional investors own 78.31% of the company’s stock.

About Murphy Oil

(Get Free Report)

Murphy Oil Corporation (NYSE:MUR) is an independent oil and natural gas exploration and production company. Its activities include identifying, acquiring, developing and producing crude oil, natural gas and natural gas liquids.

The company’s current operations are concentrated in the United States and Canada. In the United States, Murphy Oil has assets in the Eagle Ford and Gulf Coast onshore regions, as well as interests in the Gulf of Mexico. In Canada, the company operates in Western Canadian plays, including the Tupper Montney area.